来源：市场资讯 （来源：博亚和讯） | 座区 | 日前 | | 外三元生猪价格(元/kg) | | | 外三元.仔猪(元/kg.20kg体重) | | | --- | --- | --- | --- | --- | --- | --- | --- | | | 2025年 | 12月22日 | 12月23日 | 趋势 | 12月22日 | 12月23日 | 趋势 | | | 黑龙江 | 11.11 | 11.21 | 7 | 17.10 | 17.10 | -> | | 东北 | 吉林 | 11.00 | 11.25 | 7 | 17.06 | 17.06 | - | | | 辽宁 | 11.30 | 11.35 | 1 | 17.21 | 17.10 | 7 | | | 北京 | 11.90 | 11.75 | 7 | 18.98 | 18.98 | -> | | | 天津 | 11.90 | 11.75 | 7 | 18.94 | 18.94 | → | | स्रूनी | 河北 | 11.86 | 11.71 | 7 | 18.90 | 18.90 | → | | | 山西 | 11.60 | 11.5 ...

Core Insights - The overall price of external three yuan pigs in China increased by 0.05 yuan/kg to 11.38 yuan/kg on December 10, 2025, while the average price of piglets decreased by 0.05 yuan/kg to 19.07 yuan/kg [1][2] - The market sentiment is cautiously optimistic due to recovering consumption in both northern and southern regions, alongside expectations of increased supply pressure as large-scale farms aim to meet annual slaughter targets [2][3] Price Trends - The average price of external three yuan pigs across various regions shows slight increases or stability, with notable price changes in specific areas such as Liaoning (+0.10 yuan/kg) and Sichuan (+0.20 yuan/kg) [1] - The average price of white strip meat rose by 0.01 yuan/kg to 15.06 yuan/kg, indicating a slight upward trend in meat prices [1] Market Dynamics - The market is experiencing a mixed sentiment with expectations of both price increases and decreases, influenced by weather changes and consumer demand [2][3] - The pig feed ratio is reported at 3.43:1, which has increased by 0.02 from the previous day, reflecting changes in feed costs [1]

Group 1 - The average price of external three yuan live pigs in China increased to 11.66 yuan/kg on November 19, 2025, up by 0.07 yuan/kg from the previous day [1][2] - The average price of piglets rose to 19.12 yuan/kg, an increase of 0.01 yuan/kg, while the average price of white strip meat reached 15.49 yuan/kg, up by 0.02 yuan/kg [1][2] - The pig feed-to-meat ratio is now 3.50:1, which is an increase of 0.02 from the previous day [1] Group 2 - The northern pig prices generally experienced slight increases, while the southern market remained stable, contributing to the national average price rise [2][3] - The recent drop in temperatures has led to a slight recovery in terminal consumption, with an increase in slaughterhouse operating rates, boosting the optimism among breeders [2] - Despite the upward trend in prices, the overall supply of live pigs in November remains relatively high, and demand growth is limited, indicating that the price increase is largely driven by sentiment rather than fundamental supply-demand dynamics [2][3]